abstract24

what's abstract?

Abstract is an Ethereum Layer-2 blockchain developed by Igloo Inc., the creators of Pudgy Penguins, designed to make cryptocurrency accessible and user-friendly for mainstream consumers. It focuses on simplifying the crypto experience by eliminating seed phrases, browser extensions, and confusing signatures through features like the Abstract Global Wallet, which offers seamless onboarding and one-click interactions. Key elements include Panoramic Governance, which rewards user participation with transaction fee shares, and integrations with tools like Alchemy for development, Dynamic for authentication, and Pyth for real-time market data. The ecosystem supports DeFi, gaming, SocialFi, and NFTs, with projects like Gigaverse, PENGU, and Moonit launchpad enhancing liquidity and engagement. Abstract aims to onboard the next generation of users via consumer-centric apps, XP earning mechanics, and partnerships such as with Binance US for native deposits. Upcoming phase 2 developments are anticipated to further boost sentiment and adoption.

Snapshot

BTC tipping, new fiat on-ramps, and a gaming partnership with reward system changes are active/planned.

3D ago
TECH EVENT

Enabled BTC tipping functionality for streamers on the platform.

4D ago
PARTNERSHIP

Partners with Proof of Play's Arcade for a special competition event featuring an increased prize pool and bonus rewards, scheduled for the week of January 13, 2026.

TOKEN ECONOMICS

Plans changes to the reward system.

5D ago
TECH EVENT

Built a new funding modal that provides users access to fiat on-ramp providers including Moonpay and Coinbase.

6D ago
VISIBILITY EVENT

Received promotional content on the official Igloo Instagram account as part of a Phase 2 marketing initiative targeting web2 audiences.

1W ago
ONCHAIN METRICS

Duel Arena has achieved $36 million in total wagers, over 1 million duels, and approximately $400,000 in revenue on Abstract since August 2025.

VISIBILITY EVENT

Released a 40th badge that users can claim by enabling email notifications.

2W ago
ONCHAIN METRICS

Chinese community represents the second largest user subgroup by geography, behind US users.

3W ago
TECH EVENT

Added a "favorite" feature allowing users to bookmark apps, tokens, and NFTs for quick access.

PARTNERSHIP

Launched the Abstract AI Accelerator Program with five projects selected for the first cohort focusing on consumer use cases.

1M ago
OPINION SPECULATION

Plans to reduce the network base fee during the week of December 16, 2025, to enable cheaper transactions.

MyriadMarkets integrates with Abstract Chain, allowing users to farm Abstract Chain XP through early participation, market interactions, and quest completion (connecting socials and simple tasks).

Cryptoys launches "Mickey & Friends Volume I" on Wednesday as the first major drop on Abstract, featuring Mickey Mouse, Minnie Mouse, and Pluto across five rarity tiers in an upgradable mystery box format.

Cryptoys brings a new collectible experience featuring Disney and Star Wars brands to the platform, with CEO Will Weinraub scheduled for an interview on Tuesday at 5PM EST.

Abstract holds 0.66% mindshare, ranking 17th among top blockchain ecosystems in 2025.

61% of the 150 million transactions come from AGW users, demonstrating adoption of smart contract accounts.

gccryptotv announces streaming all year on Abstract Chain starting 6pm EST.

Abstract Chain reaches 150 million total transactions milestone.

AboreanFi, a liquidity layer on Abstract with no pre-sale or VC raise, generates $565k in swap fees over 9 weeks distributed to veABX voters and reduces the effective DeFi fee rate from ~0.25% to ~0.09%, saving swappers ~$1m.

Abstract launches a new strategy specifically to support creators and their growth. Xeet, built on Abstract, announces doubling down on creators.

Disney launches on Abstract, marking the beginning of their engagement with the platform.

Lending protocol Kona lend goes live on Abstract.

Abstract Chain TGE is expected to occur in 2026.

Abstract Chain partners with Open World to launch a national-scale RWA tokenization engine for AI supercomputing centers, real estate, and energy infrastructure, providing fractional ownership and liquidity for previously inaccessible assets.

Abstract Chain experiences a security breach where WETH is stolen from an AGW wallet, with the tweet recommending 2FA to prevent such incidents.

The Forge launches on Abstract with a mechanism that self-curates aligned early holders through veABX token holders locked for 4 years who direct emissions to token launches. Abstract participates as a contributor in the x402 Hackathon alongside Ethereum Foundation, Coinbase, Polygon, and others, focused on building agents and internet-native payments over one month.

Red Bull Racing digital collectibles reach 4,526,433 claims, onboarding 417,000 new users to crypto. Ethereum highlights the platform in their post, while flash badges for Red Bull Racing, Cambria, and Abu Dhabi go live.

Diamond tier launches next week. ARTMS, a music project with 5M total Spotify streams for Icarus and 13k daily plays, builds on the platform.

BLINKO game launches on the platform, developed by the Bearish team and showcased at the Pudgy Penguins Art Basel event with a referral-based rewards system using honey tokens.

Disney digital collectibles launch on the platform through Cryptoys.

Community reports token price decline from four figures to three figures, while awaiting public launch of Ruyui game for XP farming.

The x402 Hackathon launches with Abstract as a contributor alongside Ethereum Foundation, Coinbase, and Polygon, running December 5, 2025 to January 5, 2026 for building agents and internet-native payments.

Waifusweeper game officially launches this month in collaboration with YGG_Play.

431k wallets collect all 72 items from the "IN THE MOMENT" collection using email-only, gasless onboarding.

Gaming project Cambria launches Season 3 on the platform with an $800k growing prize pool and introduces Ruined Dungeons as a new high-risk extraction zone feature.

Myriad Markets announces $MYR token coming and reports $102.1M monthly trading volume for last month.

Perpetuals trading volume increases on the platform. SpeedTradingEx operates a consumer-friendly perpetuals DEX offering 1000x leverage positions with real-time trading.

A free Red Bull Racing NFT mint powered by Gate goes live on the platform. (ID: 1996981265292034251)

A team member departs after working on mainnet launch, developer ecosystem growth, and bringing AI teams onchain.

Red Bull Racing's final "In the Moment" NFT collection launches with artist TimpersHD from Chimpers collaboration. Myriad Markets introduces liquidity pools offering revenue share and rewards to liquidity providers.

cautionfun_ launches live on Abstract Chain with box opening functionality. (ID: 1996610556707659951)

Cryptoys, a collectibles platform featuring major IPs including Star Wars and Disney, is building on Abstract Chain.

Abstract Chain goes live with x402 integration for seamless pay-per-call crypto payment functionality.

Abstract portal now displays NFT values for users. Multiple ecosystem games launch new features including ThePlooshies "Pileup" game (20 moves per level puzzle), PenguClash Creator program with earnings for content creators, Gacha game free Welcome Pack cards giveaway, and Pudgy Party Christmas-themed season.

PENGU token is now live and tradable on Abstract Chain.

Red Bull Racing partnership launches December 5th at 00:00 UTC with free collectible race moments, featuring art by rocketgirlART, LiViXi3, ALIENQUEENNFT, and TimpersHD.

Abstract global wallet receives a UI overhaul rolling out over the next few weeks, featuring redesigned swap interface and Abstract portal pfp integration in the new design.

MMO game Cambria's new season launches December 4th and runs for 10 days. Megaweapon game releases its largest update featuring team modes, custom lobbies, new XP rules, and a 10 million $WEAPON prize pool.

Largest veABX holder position accumulated on AboreanFi, representing a substantial long-term bet on the Abstract Chain ecosystem.

New game waifusweeper coming to Abstract Chain through partnership between Raitomira and YGG_Play.

Pudgy Penguins mystery box sale concludes with 7,226 boxes sold generating $722K in revenue, with delivery scheduled for March 2026.

Caves: Dig & Dash game on Abstract Chain reaches 2,000+ players milestone, with Week 3 leaderboard complete and 25M WOOL plus Abstract Chain XP rewards distributing within 24 hours.

Pudgy Penguins Mystery Box sale on Abstract reaches 5.7k boxes sold at $99 each with 30 minutes remaining, with minters receiving SBT eligibility and potential XP from Abstract Chain.

dyli_io platform brings Pudgy Penguins random boxes onchain through Abstract Chain.

Community gathers around $DAK token ahead of planned official relaunch on Abstract.

Developers who launched extraction/rug pull projects on Abstract now launch on Monad and create negative sentiment (FUD) about Abstract after unsuccessful extraction attempts.

An unnamed project that announced migration to Abstract Chain executed a rug pull 10 days after the announcement, with the main account and founder going private after shutdown.

Tollan Universe to launch on Abstract, adding another gaming project to the chain's ecosystem.

Chain metrics show $29M TVL and $610M trading volume in the last 30 days with $293K monthly app revenue; hundreds of dead tokens exist on the chain.

MyriadMarkets expands multi-chain deployment to BNB, Abstract, and Linea chains and partners with Walrus to store all market data fully on-chain for transparency.

Project Quantum is institutionally-oriented and the team expresses preference for the ICO/airdrop distribution model, according to interview with Luca Netz.

PenguClash launches Soul Bound Token (Pengu Clashooor SBT) on Abstract Chain, available and distributed to the general public.

MyriadMarkets reaches $100 million in lifetime volume milestone.

The finance stack consists of xeetdotai (InfoFi), AboreanFi (DeFi), and MyriadMarkets (PredictionFi).

25M WOOL tokens distributed to Week 2 players as rewards alongside Abstract XP, NFTs, and official merchandise; Week 3 competition now active.

PlaySOPO and PlaySOPOPRO will launch on Abstract Chain following phase 1 of Solana Mobile Seeker partnership.

Galaxis announces support for Abstract Chain with multi-chain community features and invisible wallet integration for simplified onboarding.

WEAPON token migration to Abstract announced with 10% supply allocation for DEGEN tournament players until TGE. Abstract Portal now separates luck-based and skill-based games into different categories.

Users can mint ARTMS K-pop photo cards to earn Abstract Chain badges.

Users earn Abstract XP by trading on lute platform after connecting AGW in settings.

Caves: Dig & Dash rewards go live with weekly 25M WOOL + NFT pool, and Abstract XP drops Tuesday.

Abstract rolls out a dedicated NFT section in the Abstract Portal.

Abstract AI Accelerator program launches to support AI x Crypto builders with technical guidance and portal spotlight, which delivers 2.0-2.5x active user growth. Program provides access to 24,000+ engaged members and 225+ top-tier community members.

Cryptoys joins Abstract Chain ecosystem as a new partner.

Platform integrates Apple Pay for instant onboarding and launches custom XP cards for users. Ecosystem projects announce major developments: Fugz partners with tn7_viu by ViuSG (one of Asia's largest streaming platforms), Wolf.game launches streamable game on Portal, and Rekt drinks expands to 200+ new U.S. locations.

Disney forms partnership with Abstract Blockchain.

Abstract listed among confirmed airdrops expected before end of year in a trader's compilation of anticipated token distributions.

Gacha Game, a project building on the platform, evolves from digital scratch-off product to launch TCG collectibles in the RWA/Phygitals space, entering the $1B+ trading card game industry.

2M ago

Abstract launches a dedicated NFT section in their portal showing trending collections. Onchain Heroes announces OCH World, a multi-game onchain adventure launching before year-end with mining, forging, and cooking skills, plus Ringbearers integration.

Abstract rolls out an AI accelerator program targeting developers and builders on the platform.

Kindred Labs accused of wash trading their Klara NFT project by sending 80 ETH to new wallets in 4 ETH batches to sweep their own NFTs and artificially inflate floor prices.

Moody Mights airdrops AI assistants to top 1500 veABX holders and Pandora DEX launches Speed Trading game with ultra-high leverage on the platform.

TRIGGER_XYZ, a new game described as "Russian Roulette meets Omegle," announces launch on Abstract Chain with founder interview scheduled for Wednesday at 2PM EST.

RWA_F001 fashion item redemption goes live on Abstract Chain via DYLI partnership with more fashion collaborations announced.

Wolf Game launches "Caves: Dig & Dash" on Abstract Chain Portal with WOOL and NFT rewards sourced via OpenSea, completing all core Wolf Game pillars on the platform.

The Abstract portal launches XP card sharing functionality, allowing users to share their XP cards directly from the platform.

Kindred_AI project offers staking for Klara NFTs on Abstract Chain and announces SATO iNFT collection launch with 3,333 supply alongside 10M $KIN token allocation (50% unlocked at TGE) to top Kaito yappers.

Contest platform Jokerace holds community vote and selects Abstract as their building chain by large margin. Platform implements email collection system prompting users to add emails for marketing announcements at login.

AbstractChain announces Xeet cards are coming to the platform in official teaser release.

Luck-based games on the platform now display BTS (Behind The Scenes) information on the front end for users.

Cryptoys brings Disney's $50B+ IP portfolio including Marvel, Star Wars, and Pixar to Abstract Chain to onboard millions of users with emotional connections to these characters.

Xeetdotai platform integration allows bearish_af NFT holders to earn boosted weekly XP by holding NFTs on Abstract Chain AGW wallets.

MyriadMarkets goes live on ConsumerFi, enabling users to earn Abstract XP, MYR points, and Compute Credits through prediction market activities.

JokeRace announces Abstract won their community chain showdown and will host all official JokeRace contests going forward, with tournament voters earning over $80,000 in rewards.

Tut™ RWA_F001 NFT goes live for redemption on Abstract Chain via dyli_io platform, allowing holders to redeem physical fashion collectibles within a 30-day window with limited sizes available.

Abstract airdrop expected in Q1 2026 according to a crypto trader's airdrop tier list, placing it in the "RETIRE YOURSELF" tier alongside other high-value airdrops.

Lute trading platform launches Abstract support in public beta, adding trading functionality and Synapse integration for Discord and Telegram. Voting contest finals scheduled for tomorrow pit Abstract against Linea with Abstract voters spending approximately 30k in semifinals. (tweet IDs: 1986601728649855421, 1986602174445494687, 1986602223275553276)